Credit Vocabulary
Authored by Mr. Nash
Financial Education
5th Grade
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A number assigned to a person that indicates how likely they are to repay a loan.
Credit score
credit report
credit limit
statement closing date
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A request by a bank or other institution to view a person’s credit report
credit limit
credit report
hard credit check
credit score
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of credit a person is using compared to their credit limit.
credit utilization
credit score
credit report
hard credit check
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A fixed amount of money to be repaid on a set schedule.
credit score
credit utilization
credit limit
installment loan
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The last day of a person’s billing cycle and the day the statement is sent to the person.
hard credit check
credit score
statement closing date
credit report
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The maximum amount of money a person can borrow.
statement closing date
installment loan
credit limit
credit score
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A statement of a person’s credit activity, accounts and credit score.
credit utilization
credit report
credit score
credit limit
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